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IMF upgrades US economic outlook, lowers expectations from Europe, China

IMF upgrades US economic outlook, lowers expectations from Europe, China

October 23, 2024

The International Monetary Fund on Tuesday upgraded its economic outlook for the United States this year, while lowerin...

Weekly global economic update

Weekly global economic update

August 27, 2024

Week of August 26, 2024 Increasing signs that the Federal Reserve will cut rates There are also signs that the ECB will cut...

US Bank Failures Could Surge by Almost 50, Nomura Analyst Says

US Bank Failures Could Surge by Almost 50, Nomura Analyst Says

May 14, 2024

FILE PHOTO: People walk around the Financial District near the New York Stock Exchange (NYSE) in New York, U.S., December 29, ...

Smiles all round as financial markets end 2023 on an unexpected high

Smiles all round as financial markets end 2023 on an unexpected high

December 31, 2023

Equities worldwide have had a good year, the pound looks healthy and gold is positively gleaming. Shame about the lacklustre ...

ECB lifts interest rates to 22-year highs

ECB lifts interest rates to 22-year highs

June 15, 2023

LONDON (Reuters) -The European Central Bank raised interest rates for the eighth successive time, as expected, on Thursday and ...

Economic, financial and monetary developments

Economic, financial and monetary developments

April 06, 2023

Inflation has been coming down but is projected to remain too high for too long. The Governing Council is determined to ensure ...

Europe scrapes out economic growth by dodging gas disaster

Europe scrapes out economic growth by dodging gas disaster

January 31, 2023

FRANKFURT, Germany (AP) — Europe’s economy scraped out meager gains at the end of last year as galloping inflation fed by hig...

Fed raises interest rates by 75 basis points in another historic move to tackle inflation

Fed raises interest rates by 75 basis points in another historic move to tackle inflation

July 27, 2022

Fed raises rates by 75 basis points as expected The Federal Reserve on Wednesday raised its benchmark interest rate by ...

Federal Reserve issues FOMC statement

Federal Reserve issues FOMC statement

March 16, 2022

Indicators of economic activity and employment have continued to strengthen. Job gains have been strong in recent months, and t...

The US economy grew faster than expected in 2021, but the pandemic transformed its composition

The US economy grew faster than expected in 2021, but the pandemic transformed its composition

January 27, 2022

US GDP growth accelerated in the fourth quarter, growing at a 6.9 percent annual growth rate, an increase from the pace of grow...

U.S. unemployment rate hits new pandemic-era low

U.S. unemployment rate hits new pandemic-era low

August 06, 2021

The U.S. economy added 943,000 jobs in July, while the unemployment rate fell from 5.9% to a new pandemic-era low of 5.4%. Why ...

Global economy on firmer ground, but with divergent recoveries amid high uncertainty

Global economy on firmer ground, but with divergent recoveries amid high uncertainty

April 18, 2021

Global prospects remain highly uncertain one year into the pandemic. New virus mutations and the accumulating human toll raise ...